Germany March unemployment change 4k vs 10k expected

  • Latest data released by the Federal Employment Agency - 28 March 2024
  • Prior 11k
  • Unemployment rate 5.9% vs 5.9% expected
  • Prior 5.9%

German unemployment rose less than expected during the month, with the jobless rate keeping stable at 5.9%. The labour office notes that the economic downturn is still having an impact on the labour market though. So, there are still some signs of caution to be heeded.

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